D.C. Current

Tough Task: Ending Bad Laws

Even if Obamacare and Dodd-Frank prove to be duds, getting rid of them won't be easy.

The Obamacare and Dodd-Frank laws -- proud spawn of the Democratic Party -- very well could turn into the economy-killing monsters that Republican critics claim they are. Nevertheless, investors had better try their best to accommodate these two problem children for the long haul. Once a law -- even a bad one -- is on the books, it's an epic task for any Congress to repeal it. Tweaking a bad law along the way through amendment or legal interpretation to "improve" it can make the statute even worse, but that's usually...